Financial Times' highlights Garrigues as a leading law firm in the fight against climate changeThis classification highlights the EU and UK companies that have reduced their greenhouse gas emissions (GHG) the most over a five-year period. In this year’s edition, the ranking looks at the period between 2016 and 2021.
Spain: There is no consensus among the authorities over how transfers of renewable energy projects under development are taxedA recent decision by the Navarra provincial tax authorities allows the exemption to be applied to the capital gain on the transfer of shares, which contrasts with the restrictive interpretation given by the Directorate General for Taxes.
Criminal compliance models as an indicator of the management of ESG factors and sustainability in companiesGabriel Castro and Beatriz Bustamante, partner and principal associate, respectively, of the Garrigues Litigation and Arbitration Department, and Juan Pablo Regojo, director of the Compliance Unit of the Nueva Pescanova Group, address the ‘Models of organization and management in companies for crime prevention from a practical perspective’, in a new edition of ‘The Garrigues Sustainable Dialogs’.
Chile: Implementation of the Energy Efficiency Law moves forwardWith the issuance of Resolution 13 of 2023, the implementation of the Energy Efficiency Law of 2021 (Law 21305) is moving forward. This new resolution lists the companies that must actively manage their energy consumption and how it should be implemented.
Energy transition: these are the new tax incentives for renewable energy and electric vehicles in SpainUnrestricted and accelerated depreciation tax benefits have been available since 2023 for investments in assets that use energy from renewable sources and electric vehicles, respectively. These incentives originated from the Plan+SE program approved by the Council of Ministers in October 2022.
Spain: This is the Royal Decree that aims to improve air quality and reduce episodes of high pollutionRoyal Decree 34/2023 of January 24, 2023, amending the royal decree on improving air quality, the regulations on industrial emissions and on implementing the Law on integrated pollution prevention and control, and the royal decree on financial guarantees concerning waste, introduces significant environment-related amendments.
These are the new pieces of labor legislation in the Employment Law, the Law for real and actual equality of transgender and LGBTI people, and the Law on sexual and reproductive healthBelow we analyze the three laws published on March 1 in the Official State Gazette, together with the main obligations, changes and implications they will carry for companies.